HOURGLASS CAPITAL, LLC
Sector Allocation
- Technology27.6%$134.6M
- Energy14.6%$71.3M
- Financials12.3%$60.1M
- Other9.4%$45.9M
- Materials8.3%$40.4M
- Healthcare7.8%$38.2M
- Consumer Staples7.0%$33.9M
- Industrials5.1%$25.0M
- Communication Services2.9%$14.0M
- Real Estate2.5%$12.3M
AUM History
13fpro.ai/research/fund/hourglass-capital-llc-1442573
Conviction and streaks
Diversifying · top 10 = 24.9%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q3 2026
GOOGL
$14.1MNVDA
$13.8MNEM
$13.1MC
$13.1MCNR
$12.0MSPY
$11.5MCSCO
$11.4MMSFT
$11.4MMS
$10.9MGS
$10.4MUBER
$10.2MFCX
$10.0MXOM.R34088
$10.0MPFE
$9.8MPANW
$9.0MAVGO
$8.9MAAPL
$8.6MORCL
$8.3MBHP
$8.2MHCA
$8.2M
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/hourglass-capital-llc-1442573
HOURGLASS CAPITAL, LLC 13F holdings — Q3 2026
$487.9M portfolio (-4.0% QoQ) · 125 holdings · Q3 2026 13F · top 10 are 25% of the stock portfolio
$14.1M
2.9% of stocks
-9%This quarter0.0%Since filed11+ qtrsHeld$13.8M
2.8% of stocks
-5%This quarter0.0%Since filed9 qtrsHeld$13.1M
2.7% of stocks
-7%This quarter0.0%Since filed11+ qtrsHeld$13.1M
2.7% of stocks
-7%This quarter0.0%Since filed11+ qtrsHeldAIQuality71.3#181Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 3 qtrs in a row$12.0M
2.5% of stocks
-11%This quarter0.0%Since filed7 qtrsHeld$11.5M
2.4% of stocks
-13%This quarter0.0%Since filed11+ qtrsHeld$11.4M
2.3% of stocks
-14%This quarter0.0%Since filed11+ qtrsHeldAIQualityAI quality score is Pro: unlock with a free trialEst. buyEstimated buy price is Pro: unlock with a free trialTrimmed 5 qtrs in a row$11.4M
2.3% of stocks
-9%This quarter0.0%Since filed11+ qtrsHeld$10.9M
2.2% of stocks
-9%This quarter0.0%Since filed11+ qtrsHeld$10.4M
2.1% of stocks
-12%This quarter0.0%Since filed11+ qtrsHeld
All holdings — HOURGLASS CAPITAL, LLC (Q3 2026)
125 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | Uber Technologies, Inc | Technology | $10.2M | 2.1% | 149K | -4% | 4 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | FREEPORT-MCMORAN INC | Materials | $10.0M | 2.0% | 143K | -4% | 11+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | EXXON MOBIL CORP | Energy | $10.0M | 2.0% | 61K | -0.2% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | PFIZER INC | Healthcare | $9.8M | 2.0% | 344K | -4% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | Palo Alto Networks Inc | Technology | $9.0M | 1.8% | 23K | — | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | Broadcom Inc. | Technology | $8.9M | 1.8% | 25K | +6% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | Apple Inc. | Technology | $8.6M | 1.8% | 26K | -0.6% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | ORACLE CORP | Technology | $8.3M | 1.7% | 61K | +13% | 11+ qtrsAdded 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | BHP Group Ltdadr | Materials | $8.2M | 1.7% | 96K | -0.1% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | HCA Healthcare, Inc. | Healthcare | $8.2M | 1.7% | 19K | +15% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | CHEVRON CORP | Energy | $7.8M | 1.6% | 38K | -10% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | HP INC | Technology | $7.8M | 1.6% | 249K | -2% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | KIRBY CORP | Industrials | $7.8M | 1.6% | 59K | -9% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | WILLIAMS COMPANIES, INC. | Energy | $7.6M | 1.6% | 112K | -0.2% | 11+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | SLB LIMITED/NV | Energy | $7.6M | 1.6% | 155K | -9% | 11+ qtrsTrimmed 4 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $KHC | Kraft Heinz Co | Consumer Staples | $7.4M | 1.5% | 327K | -7% | |||
| 27 | $WDS | WOODSIDE ENERGY GROUP LTD | Energy | $7.3M | 1.5% | 330K | +0.9% | |||
| 28 | $UNP | UNION PACIFIC CORP | Industrials | $7.2M | 1.5% | 27K | -7% | |||
| 29 | $KMI | KINDER MORGAN, INC. | Energy | $7.2M | 1.5% | 239K | -5% | |||
| 30 | $PM | Philip Morris International Inc. | Consumer Staples | $7.2M | 1.5% | 38K | -0.3% | |||
| 31 | $GSK | GSK plc | Healthcare | $7.0M | 1.4% | 145K | +0.3% | |||
| 32 | $WMT | Walmart Inc. | Consumer Staples | $6.8M | 1.4% | 66K | -4% | |||
| 33 | $LAMR | LAMAR ADVERTISING CO/NEW | Real Estate | $6.8M | 1.4% | 47K | -2% | |||
| 34 | $MAIN | Main Street Capital CORP | Other | $6.7M | 1.4% | 122K | +0.3% | |||
| 35 | $VZ | VERIZON COMMUNICATIONS INC | Communication Services | $6.7M | 1.4% | 145K | -10% | |||
| 36 | $LYB | LyondellBasell Industries N.V. | Materials | $6.5M | 1.3% | 113K | -6% | |||
| 37 | $UPS | UNITED PARCEL SERVICE INC | Industrials | $6.3M | 1.3% | 68K | -3% | |||
| 38 | $T | AT&T INC. | Communication Services | $6.3M | 1.3% | 258K | +20% | |||
| 39 | $ZBH | ZIMMER BIOMET HOLDINGS, INC. | Healthcare | $6.3M | 1.3% | 71K | -2% | |||
| 40 | $SJM | J M SMUCKER Co | Consumer Staples | $6.2M | 1.3% | 52K | -1% | |||
| 41 | $VLY | VALLEY NATIONAL BANCORP | Financials | $6.0M | 1.2% | 473K | -8% | |||
| 42 | $ABBV | AbbVie Inc. | Healthcare | $5.8M | 1.2% | 22K | -33% | |||
| 43 | $SPCX | SPACE EXPLORATION TECHNOLOGIES CORP | Technology | $5.8M | 1.2% | 38K | New | |||
| 44 | $PAYX | PAYCHEX INC | Technology | $5.8M | 1.2% | 59K | New | |||
| 45 | $HD | HOME DEPOT, INC. | Consumer Discretionary | $5.7M | 1.2% | 20K | -8% | |||
| 46 | $MO | ALTRIA GROUP, INC. | Consumer Staples | $5.6M | 1.1% | 83K | +6% | |||
| 47 | $IBM | INTERNATIONAL BUSINESS MACHINES CORP | Technology | $5.2M | 1.1% | 24K | -6% | |||
| 48 | $RF | REGIONS FINANCIAL CORP | Financials | $5.0M | 1.0% | 184K | -7% | |||
| 49 | $QCOM | QUALCOMM INC/DE | Technology | $4.8M | 1.0% | 26K | -0.2% | |||
| 50 | $AMZN | AMAZON COM INC | Consumer Discretionary | $4.7M | 1.0% | 19K | — | |||
| 51 | $VICI | VICI PROPERTIES INC. | Real Estate | $3.9M | 0.8% | 172K | -22% | |||
| 52 | — | ISHARES 1-5 YEAR - UIE | — | $3.9M | 0.8% | 75K | +6% | |||
| 53 | $QQQ | INVESCO QQQ TRUST, SERIES 1 | — | $3.3M | 0.7% | 4,526 | -1% | |||
| 54 | $BKR | Baker Hughes Co | Energy | $2.8M | 0.6% | 51K | +1.0% | |||
| 55 | $FLG | FLAGSTAR BANK, NATIONAL ASSOCIATION | Financials | $2.8M | 0.6% | 240K | +2% | |||
| 56 | $IVZ | Invesco Ltd. | Financials | $2.6M | 0.5% | 13K | — | |||
| 57 | $SOFI | SoFi Technologies, Inc. | Financials | $2.3M | 0.5% | 144K | -24% | |||
| 58 | $META | Meta Platforms, Inc. | Technology | $2.2M | 0.5% | 3,025 | — | |||
| 59 | — | VANGUARD MORNINGSTAR - UIE | — | $1.9M | 0.4% | 5,059 | — | |||
| 60 | $GLD | SPDR GOLD TRUST | Financials | $1.8M | 0.4% | 4,770 | +0.8% | |||
| 61 | — | VANGUARD FTSE EMERGING - UIE | — | $1.8M | 0.4% | 30K | -13% | |||
| 62 | $BRK.B | BERKSHIRE HATHAWAY INC | Financials | $1.8M | 0.4% | 3,560 | -23% | |||
| 63 | $FSLR | FIRST SOLAR, INC. | Technology | $1.7M | 0.3% | 9,665 | +13% | |||
| 64 | $PWR | QUANTA SERVICES, INC. | Industrials | $1.6M | 0.3% | 2,500 | — | |||
| 65 | $IRM | IRON MOUNTAIN INC | Real Estate | $1.6M | 0.3% | 14K | -78% | |||
| 66 | $MPLX | MPLX LP | Energy | $1.5M | 0.3% | 26K | — | |||
| 67 | $JFR | NUVEEN FLOATING RATE INCOME FUND | Other | $1.5M | 0.3% | 196K | +0.9% | |||
| 68 | — | PROSHARES SHORT 20 YEAR - UIE | — | $1.4M | 0.3% | 54K | +0.8% | |||
| 69 | — | VANGUARD MORNINGSTAR - UIE | — | $1.4M | 0.3% | 4,925 | — | |||
| 70 | — | VANGUARD MORNINGSTAR - UIE | — | $1.4M | 0.3% | 18K | — | |||
| 71 | $PLTR | Palantir Technologies Inc. | Technology | $1.4M | 0.3% | 7,250 | -15% | |||
| 72 | $DOW | DOW INC. | Materials | $1.4M | 0.3% | 49K | -21% | |||
| 73 | $TRGP | Targa Resources Corp. | Energy | $1.4M | 0.3% | 4,998 | — | |||
| 74 | — | STATE STREET SPDR S&P - UIE | — | $1.3M | 0.3% | 9,165 | -3% | |||
| 75 | $EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | Energy | $1.3M | 0.3% | 37K | — | |||
| 76 | $MSD | MORGAN STANLEY EMERGING MARKETS DEBT FUND INC | Other | $1.3M | 0.3% | 193K | +0.5% | |||
| 77 | $MOS | MOSAIC CO | Materials | $1.3M | 0.3% | 60K | +45% | |||
| 78 | $TSLA | Tesla, Inc. | Consumer Discretionary | $1.2M | 0.3% | 3,450 | — | |||
| 79 | $CRM | Salesforce, Inc. | Technology | $1.1M | 0.2% | 4,950 | — | |||
| 80 | $ET | Energy Transfer LP | Energy | $1.1M | 0.2% | 57K | — | |||
| 81 | $JNJ | JOHNSON & JOHNSON | Healthcare | $1.1M | 0.2% | 4,260 | -48% | |||
| 82 | $FITB | FIFTH THIRD BANCORP | Financials | $1.1M | 0.2% | 21K | -44% | |||
| 83 | $CRWD | CrowdStrike Holdings, Inc. | Technology | $1.1M | 0.2% | 4,000 | +300% | |||
| 84 | — | FIRST TRUST FLEXIBLE - UIE | — | $1.1M | 0.2% | 112K | New | |||
| 85 | $NFLX | NETFLIX INC | Communication Services | $1.0M | 0.2% | 15K | — | |||
| 86 | — | ALLIANCEBERNSTEIN GLB HI - CEM | — | $1.0M | 0.2% | 106K | -2% | |||
| 87 | — | EV SENIOR FLOATING RATE - CEM | — | $1.0M | 0.2% | 97K | — | |||
| 88 | — | STATE STREET SPDR - UIE | — | $909K | 0.2% | 9,800 | +1% | |||
| 89 | $WT | WisdomTree, Inc. | Financials | $888K | 0.2% | 16K | — | |||
| 90 | $LMT | LOCKHEED MARTIN CORP | Industrials | $830K | 0.2% | 1,630 | -21% | |||
| 91 | $COST | COSTCO WHOLESALE CORP /NEW | Consumer Staples | $801K | 0.2% | 880 | — | |||
| 92 | — | STATE STREET TECHNOLOGY - UIE | — | $752K | 0.1% | 3,844 | -69% | |||
| 93 | $DDOG | Datadog, Inc. | Technology | $685K | 0.1% | 2,500 | — | |||
| 94 | $MSDL | Morgan Stanley Direct Lending Fund | Other | $663K | 0.1% | 49K | — | |||
| 95 | $ANET | Arista Networks, Inc. | Technology | $662K | 0.1% | 3,250 | — | |||
| 96 | $FHI | FEDERATED HERMES, INC. | Financials | $648K | 0.1% | 12K | -70% | |||
| 97 | $ETN | Eaton Corp plc | Industrials | $645K | 0.1% | 1,500 | — | |||
| 98 | — | FIRST TRUST RBA AMERICAN - UIE | — | $619K | 0.1% | 6,000 | — | |||
| 99 | $WES | Western Midstream Partners, LP | Energy | $590K | 0.1% | 13K | — | |||
| 100 | $MU | MICRON TECHNOLOGY INC | Technology | $543K | 0.1% | 510 | New | |||
| 101 | — | STATE STREET SPDR DOW - UIE | — | $509K | 0.1% | 1,000 | — | |||
| 102 | $IVZ | Invesco Ltd. | Financials | $455K | 0.1% | 3,000 | — | |||
| 103 | $TRP | TC ENERGY CORP | Energy | $448K | 0.1% | 7,760 | — | |||
| 104 | $CEG | Constellation Energy Corp | Utilities | $445K | 0.1% | 1,750 | — | |||
| 105 | $DVN | DEVON ENERGY CORP/DE | Energy | $427K | 0.1% | 9,275 | +47% | |||
| 106 | — | SHIONOGI & CO LTD F - ADR | — | $371K | 0.1% | 41K | -7% | |||
| 107 | $NEXT | NextDecade Corp | Energy | $354K | 0.1% | 56K | — | |||
| 108 | $CAT | CATERPILLAR INC | Industrials | $350K | 0.1% | 432 | -1% | |||
| 109 | — | ISHARES S&P 100 ETF - UIE | — | $340K | 0.1% | 890 | -15% | |||
| 110 | $VLO | VALERO ENERGY CORP/TX | Energy | $337K | 0.1% | 869 | — | |||
| 111 | $ENB | ENBRIDGE INC | Energy | $335K | 0.1% | 7,204 | — | |||
| 112 | $BLK | BlackRock, Inc. | Financials | $317K | 0.1% | 300 | — | |||
| 113 | $PAGP | PLAINS GP HOLDINGS LP | Energy | $317K | 0.1% | 12K | — | |||
| 114 | $BA | BOEING CO | Industrials | $279K | 0.1% | 1,500 | New | |||
| 115 | $GOOG | Alphabet Inc. | Technology | $272K | 0.1% | 798 | — | |||
| 116 | — | STATE STREET FINANCIAL - UIE | — | $264K | 0.1% | 4,937 | — | |||
| 117 | $OKE | ONEOK INC /NEW/ | Energy | $252K | 0.1% | 2,961 | — | |||
| 118 | $SHEL | Shell plc | Energy | $252K | 0.1% | 2,650 | — | |||
| 119 | — | ISHARES RUSSELL 1000 - UIE | — | $251K | 0.1% | 1,014 | -2% | |||
| 120 | — | PROSHARES ULTRASHORT 20 - UIE | — | $242K | 0.1% | 5,700 | New | |||
| 121 | $WFC | WELLS FARGO & COMPANY/MN | Financials | $240K | 0.1% | 3,000 | — | |||
| 122 | — | TRINITY BK N A FT WORTH - COM | — | $238K | 0.1% | 2,400 | — | |||
| 123 | $HYT | BLACKROCK CORPORATE HIGH YIELD FUND, INC. | Other | $230K | 0.1% | 29K | — | |||
| 124 | $CQP | Cheniere Energy Partners, L.P. | Energy | $222K | 0.1% | 3,653 | — | |||
| 125 | $SUN | Sunoco LP | Energy | $219K | 0.0% | 3,003 | — |
What changed in Q3 2026
Against the previous quarter's 13F: 6 new, 20 added to, 57 trimmed, 8 sold out. Share-count changes; largest moves by dollar size first.
New positions (6)
$SPCXSPACE EXPLORATION TECHNOLOGIES CORP$5.8Mfirst bought this quarter
$PAYXPAYCHEX INC$5.8M
first bought this quarter
- FIRST TRUST FLEXIBLE - UIE$1.1M
first bought this quarter
$MUMICRON TECHNOLOGY INC$543K
first bought this quarter
$BABOEING CO$279K
first bought this quarter
- PROSHARES ULTRASHORT 20 - UIE$242K
first bought this quarter
Added to (20)
$TAT&T INC.+20%
now $6.3M · held 11+ qtrs
now $8.2M · held 11+ qtrs
now $8.3M · held 11+ qtrs, 2 adds in a row
$CRWDCrowdStrike Holdings, Inc.+300%
now $1.1M · held 3 qtrs
now $8.9M · held 11+ qtrs
$MOSMOSAIC CO+45%
now $1.3M · held 8 qtrs, 2 adds in a row
+14 more in the Excel export
Trimmed (57)
$IRMIRON MOUNTAIN INC-78%
now $1.6M · held 11+ qtrs, 3 trims in a row
$ABBVAbbVie Inc.-33%
now $5.8M · held 11+ qtrs, 4 trims in a row
now $11.4M · held 11+ qtrs, 5 trims in a row
now $11.5M · held 11+ qtrs
- STATE STREET TECHNOLOGY - UIE-69%
now $752K
$FHIFEDERATED HERMES, INC.-70%
now $648K · held 11+ qtrs
+51 more in the Excel export
Sold out (8)
$FFINFIRST FINANCIAL BANKSHARES INCwas $1.4M
held 4 qtrs
$DHIHORTON D R INC /DE/was $1.1M
held 10+ qtrs
$FCTFIRST TRUST SENIOR FLOATING RATE INCOME FUND IIwas $1.1M
held 2 qtrs
$DALDELTA AIR LINES, INC.was $1.0M
held 10+ qtrs
- STATE STREET - UIEwas $429K
$ABTABBOTT LABORATORIESwas $363K
+2 more in the Excel export
Holdings by quarter
Every 13F HOURGLASS CAPITAL, LLC has filed, 42 earlier quarters. Pick one to see what it held then.
Is it too late to follow HOURGLASS CAPITAL?
Q3 2026 13F filed with the SEC on Oct 26, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of HOURGLASS CAPITAL's top 20 holdings: 72/100 (our AI quality score, weighted by position size; 18 of the 20 are scored)
Top 10 since filing
0.0%
Value-weighted move of the 10 largest stock positions
Turnover
4%
Last quarter; 33% over the last 4
Top 10 weight
25%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
87%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
HOURGLASS CAPITAL, LLC disclosed 125 positions worth $487.9M in its Form 13F-HR for Q3 2026, led by $GOOGL (Alphabet Inc.) at 2.9% of the equity portfolio, followed by $NVDA and $NEM. During the quarter the fund opened 6 new positions and exited 8 — including a new stake in $SPCX and a full exit from $FFIN. The portfolio is most concentrated in Technology (27.6% of disclosed assets). All figures are sourced directly from HOURGLASS CAPITAL, LLC’s Form 13F-HR filing with the SEC under CIK 1442573.
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Every holding in HOURGLASS CAPITAL, LLC's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.